Filing Requirements for Self-Employed IndividualsYou are self-employed if you operate a trade, business, or profession, either by yourself or as a partner. You report your earnings for Social Security when you file your federal income tax return. If your net earnings are $400 or more in a year, you must report your earnings on schedule SE.
The self-employed individual must complete the following federal tax forms by April 15 following any year in which you have net earnings of $400 or more:
Michigan Tax Forms
Federal Tax Forms
- Form 1040 (U.S. Individual Income Tax Return)
- Schedule C (Profit or Loss from Business)
- Schedule F (Profit or Loss from Farming)
- Schedule SE (Self-Employment Tax)
These forms can be obtained from the IRS online at www.irs.gov and most banks and post offices. Send the tax return and schedules along with your self-employment tax to the IRS. Even if you do not owe any income tax, you must complete Form 1040 and Schedule SE to pay self-employment Social Security tax. This is true even if you already get Social Security benefits.